Toronto Condo Market Report September-October 2020

14 September 2020
Remax-Condos-Plus

August sales on TRREB were 10,775. This represented a 40% increase over August of last year.


Toronto Condo Market Report August-September 2020

17 August 2020
Remax-Condos-Plus

July was the biggest sales month of 2020 but also the biggest sales month ever for a July according to TRREB.


Toronto Condo Market Report July-August 2020

13 July 2020
Remax-Condos-Plus

The real estate market returned to some normalcy in June.


Toronto Condo Market Report June-July 2020

18 June 2020
Remax-Condos-Plus

On the surface, sales declined 53% this May from May of 2019 to 4606 units.


Toronto Condo Market Report May-June 2020

21 May 2020
Remax-Condos-Plus

So how bad were sales on the Toronto Real Estate Board in April?


Toronto Condo Market Report April-May 2020

16 April 2020
Remax-Condos-Plus

Sales for the first two weeks of March were excellent for that time of year. Then the shut down and social distancing was put into place. The Weekly Sales for the GTA from March 1st to April 11 (six weeks). From the peak to the most recent week, the decline is 85%.


Toronto Condo Market Report March-April 2020

16 March 2020
Remax-Condos-Plus

The real question is not how strong the current real estate market is; but what will be the impact of the Coronavirus (Covid-19) versus the impact of lower mortgage rates and a lower stress test going forward.


Toronto Condo Market Report February-March 2020

25 February 2020
Remax-Condos-Plus

Sales results from January confirm that this will be a strong real estate year – not just in sales but for prices too. In January, sales were up by 15% over January of last year. But to put this in perspective, they matched January sales from 2016!


Toronto Condo Market Report November-December 2019

19 November 2019
Remax-Condos-Plus

October sale numbers from TREB provides two continuing trends. With 8491 sales (up 14% from October of 2018), this is the best October (with the exception of 2016) for the last six years. Yes, the resale market is back to normal levels.


Toronto Condo Market Report October-November 2019

17 October 2019
Remax-Condos-Plus

September was another solid month for sales, which clearly confirmed the upward market direction of this market. Sales were 22% higher than for September of last year. But this number is also slightly below the peak September years of 2016 and 2015.